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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Feb 3, 2013 8:00am PST
thing. >> another important thing to say here is that sequester is not nearly as scary as the debt ceiling debate was. we thought the whole financial system might collapse. if we go a month into the sequester, it's not a big deal. it's going to be painful. it's going to be a big debate. it'll slow growth in that quarter, but this is something where actually my understanding is the white house thinks that this -- they will win this. that if it happens, that, you know, everybody will look back but the republicans will look worse and in the end they will fold. >> i'm hearing the same things, carly. they believe in the end you'll see the same thing happen that happened on the debt limit that the republicans will have to accept some new revenues even though they say they're not going to do it now. >> well, you know, first of all, i think this white house spends way too much time thinking about political wins and not enough time thinking about actually solving the problem. tax reform is a way to get more revenues. if we would close loopholes, lower rates, simplify the tax code, there is
Feb 3, 2013 12:00pm PST
abandoned. we are not going to have a debt ceiling default crisis and we're not going to have a government shut down. we'll have sequester for a few months, but i think these great epic struggles that worry the markets are starting to fade as a strategic policy. >> do you think it happens, greg? >> for a while, yeah. i think on march 1 we begin at least on defense and discretionary spending. if there's enough squawking maybe by late spring, early summer it gets undone. we'll have that. still some head winds. there is this and the higher payroll tax. maybe first rate growth is a little slow but by the second half, things could be looking much better. >> this week, we moved closer to the unthinkable. the sequester that president obama promised us would never happen. listen just a few months ago. >> first of all, the sequester is not something that i proposed. something that congress has proposed. it will not happen. >> i don't know, that could be the one election promise the president fails to keep. the sequester a part of the decision on march 1st. what happens if the sequester happens? >>
FOX News
Feb 3, 2013 9:00am PST
of sequester goes as part of the bigger conversation about the country's finances, debt, you know, the debt ceiling all of the things that are coming as part this of. interesting that the white house mentioned when we found out that there was a decline in the gdp in the fourth quarter essentially said that it was the house republicans' fault that gdp fell in the fourth quarter of 2012 because you created so much uncertainty out there. >> you know, i have never seen an administration blame someone else for everything that goes wrong. they spent the first two, three, four years of the administration blaming george bush for what happened and now blaming the republicans in congress. the fact is they control the white house. the democrats control the senate. and it to say that because we are attempting to address the problems that president obama created that somehow we are responsible for what is happening now. no, it is his failed policies. i think they would have a lot more credibility both on capitol hill and with the american people if they admitted that things have gone wrong, let's find a
Search Results 0 to 5 of about 6 (some duplicates have been removed)